FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國銀行股份有限公司(「本公司」) 呈交日期: 2026年1月5日 FF301 | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | --- | --- | --- | --- | --- | --- | --- | | 上月底結存 | | 730,000,000 | RMB | 100 | RMB | 73,000,000,000 | | 增加 / 減少 (-) | | 0 | | | RMB | 0 | | 本月底結存 | | 730,000,000 | RMB | 100 | RMB | 73,000,000,000 | | 4. 股份分類 | 優先股 | 股份類別 | 其他類別 (請註明) | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 360035 | 說明 | ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國銀行股份有限公司(「本公司」) 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03988 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 83,622,276,395 | RMB | | 1 RMB | | 83,622,276,395 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 83,622,276,395 | RMB | | 1 RMB | | 83,622,276,395 | 第 2 頁 ...

三、中国银行应督促上述核准任职资格人员持续学习和掌握经济金融相关法律法规，牢固树立风险合规 意识，熟悉任职岗位职责，忠实勤勉履职。 二、中国银行应要求上述核准任职资格人员严格遵守金融监管总局有关监管规定，自中国银行政许可决 定作出之日起3个月内到任，并按要求及时报告到任情况。未在上述规定期限内到任的，本批复文件失 效，由黔西南金融监管分局办理行政许可注销手续。 2025年12月26日，黔西南金融监管分局发布批复称，《中国银行（601988）股份有限公司贵州省分行关 于核准唐先雯任职资格的请示》（黔中银报〔2025〕100号）收悉。经审核，现批复如下： 一、核准唐先雯中国银行兴义分行行长助理的任职资格。 ...

Core Viewpoint - The China Interbank Market Dealers Association has identified widespread issues related to internal controls and compliance in certain institutions, which hinder effective regulation and the ability to combat illegal activities [1] Group 1: Compliance Issues - Many institutions have failed to establish and maintain proper internal control systems for the preservation of bond trading records [1] - Compliance and risk management practices are often superficial, leading to ineffective implementation of record-keeping requirements [1] - There are significant lapses in maintaining complete transaction records, which obstruct the ability to reconstruct trading activities accurately [1] Group 2: Regulatory Actions - The Association plans to intensify punitive measures against institutions that exhibit the identified compliance failures [1] - Specific violations that will lead to severe penalties include failure to establish internal control systems, inadequate record-keeping, and inability to provide complete trading records for serious violations [1] - The Association emphasizes the importance of robust internal controls and compliance awareness among market participants to ensure the healthy and orderly development of the market [1]

Core Insights - A significant trend observed in 2025 is the increase in large fines imposed on banks, reflecting compliance shortcomings and risk points during the transition to high-quality development in the banking industry [2][16] - In 2025, regulatory authorities issued a total of 454 fines exceeding one million yuan to banking institutions and personnel, an increase of 58 from the previous year, with the total amount of fines nearly doubling [2][16] - The main areas of violations in 2025 were concentrated in credit business, anti-money laundering, and internal control systems, with anti-money laundering violations seeing the most notable increase, reaching 894 fines, a rise of 185.09% compared to the previous year [2][16] Summary of Fines Over 20 Million Yuan - In 2025, there were 12 fines disclosed with amounts exceeding 20 million yuan, primarily related to compliance management issues in traditional business areas such as loans and bills, indicating deficiencies in basic business risk control and regulatory cooperation [4][17] - Common violations included issues with account management and anti-money laundering, highlighting flaws in customer identity verification and transaction monitoring processes [3][17] Summary of Fines Between 10 Million and 20 Million Yuan - This category of fines predominantly involved joint-stock banks, reflecting a conflict between business innovation and compliance management [6] - Violations were mainly related to compliance operations (account and anti-money laundering) and business management (internet loans and agency sales), with cross-border foreign exchange violations being a secondary concern [7] Summary of Fines Between 5 Million and 10 Million Yuan - Fines in this range were primarily concentrated among city commercial banks, joint-stock banks, and rural commercial banks [10] - The most common violations included anti-money laundering and customer identity verification issues, alongside traditional problems related to credit "three checks" failures [10]

Core Insights - China Bank Co., Ltd. has obtained a patent for a "data processing method, device, equipment, and storage medium," with the authorization announcement number CN116541375B, and the application date is April 2023 [1] Company Overview - China Bank Co., Ltd. was established in 1983 and is located in Beijing, primarily engaged in monetary financial services [1] - The registered capital of China Bank Co., Ltd. is approximately 29.44 billion RMB [1] Investment and Intellectual Property - The company has made investments in 16 enterprises and participated in 5,000 bidding projects [1] - In terms of intellectual property, China Bank Co., Ltd. holds 1,472 trademark registrations and 5,000 patent records, along with 255 administrative licenses [1]

Group 1 - The core point of the article is that the Bank of China has obtained a patent for a method and device related to image data generation, indicating its focus on innovation and technology development [1] - The patent was granted with the announcement number CN116738017B and the application date was June 2023, showcasing the company's ongoing efforts in intellectual property [1] - The Bank of China, established in 1983 and located in Beijing, primarily engages in monetary financial services, with a registered capital of approximately 29.44 billion RMB [1] Group 2 - According to data from Tianyancha, the Bank of China has made investments in 16 companies and participated in 5,000 bidding projects, reflecting its active role in the market [1] - The company holds 1,472 trademark registrations and 5,000 patent records, indicating a strong emphasis on protecting its intellectual property [1] - Additionally, the Bank of China has obtained 255 administrative licenses, further demonstrating its compliance and operational capabilities [1]

双方还将共享银行业务与金融领域发展的知识及专业技术，以支持可持续的经贸增长。此外，两家 机构将探索为非洲市场涉及中方利益相关方的项目构建银团贷款及其他融资方案的协作机会。 据"商业加纳网"12月29日报道，Ecobank集团日前与中国银行毛里求斯有限公司签署谅解备忘录， 将在贸易、支付和金融服务领域深化合作，以支持中非经济活动。该备忘录基于双方自2010年建立的伙 伴关系，并于今年早些时候通过Ecobank集团管理层访问中国银行总部等互动得到进一步推进。两家机 构同意巩固长期合作关系，并致力于为各自客户网络创造实际效益。 根据备忘录，Ecobank集团与中国银行毛里求斯有限公司将围绕中非合作论坛目标探索更深入的合 作，重点加强贸易融资与跨境结算业务。双方将发挥各自优势，通过提供人民币解决方案，为非洲企 业、中资企业及跨境贸易商提供更高效的结算与融资选择。 （原标题：Ecobank集团与中国银行携手深化中非金融合作） 此次签约符合Ecobank集团通过近期多项合作加强亚非支付与贸易通道的整体战略，其最终目标是 通过拓展合作伙伴关系推动非洲大陆的金融一体化与经济发展进程。 ...

Investment Rating - The report indicates a positive outlook for the banking industry, suggesting a return to a price-to-book (PB) ratio of 1x during the "15th Five-Year Plan" period, focusing on stable profitability and high-quality development [3][4]. Core Insights - The banking sector is transitioning from a focus on scale to quality, with an emphasis on risk management and structural optimization. The "15th Five-Year Plan" includes the goal of building a strong financial nation, highlighting the importance of high-quality development [3][16]. - The report identifies key changes in the banking industry during the "14th Five-Year Plan," including a shift in credit structure, a focus on profitability, and the need for banks to balance risk and efficiency [2][4]. - Regulatory support is expected to stabilize net interest margins, which have reached record lows, with a projected recovery in the coming years [5][19]. Summary by Sections 1. From Quantity to Quality - The banking industry has evolved through three five-year plans, with a shift from rapid expansion to a focus on quality and risk management. The current phase emphasizes high-quality development and financial support for key sectors [2][10]. 2. Developments During the "14th Five-Year Plan" 2.1 ROE: Resilience of State-Owned Banks and Advantages of City Commercial Banks - The return on equity (ROE) for listed banks has remained around 10%, with city commercial banks showing a slight advantage due to higher leverage and better provisioning [19][20]. 2.2 Credit: Moving Away from Scale to Balance Capital and Efficiency - Banks are prioritizing structural transformation over sheer volume, focusing on supporting key sectors and optimizing credit distribution [4][12]. 2.3 Interest Margin: Recovery from Continuous Decline - The report anticipates a stabilization of net interest margins, which have been under pressure, with regulatory measures aimed at supporting banks [5][19]. 2.4 Risk: Provisioning to Support Stability - The banking sector is expected to manage risks more effectively, with a focus on maintaining adequate provisions to support profitability during challenging economic conditions [4][19]. 2.5 Financial Markets: An Alternative Revenue Stream - The report highlights the increasing importance of financial market activities as a means to smooth revenue amid declining interest income, with banks diversifying their investment strategies [4][19]. 3. Investment Analysis Opinion - The report suggests a dual strategy of focusing on leading banks and undervalued city commercial banks, anticipating a recovery in valuations for state-owned banks that have been lagging [3][4].

Group 1 - The core point of the article is the investigation of Cheng Jun, the Party Secretary and President of the Zhejiang Branch of Bank of China, for serious violations of discipline and law [2] - Cheng Jun has been under disciplinary review and investigation by the Central Commission for Discipline Inspection and the Tianjin Municipal Supervisory Committee [2] - Cheng Jun has recently participated in public activities, including a visit to Tongkun Group and a work exchange at Hangzhou Iron and Steel Group [2] Group 2 - Cheng Jun is a member of the Communist Party and a senior economist, holding dual master's degrees in economics from Renmin University of China and the University of Manchester [2] - He has held various positions within the Bank of China system, including General Manager of the International Settlement Department and Trade Finance Department at the head office, as well as President of the Johannesburg and Singapore branches [2] - In 2024, Cheng Jun was appointed as the Party Secretary of the Zhejiang Branch and later became the President of the same branch in July [2]